#Bloomberg “#McDonald’s sales are #declining, so they’re looking for another way to generate #revenues and reach a different crowd,” said Joel Cohen, president of the Cohen Restaurant Marketing Group in Raleigh, North Carolina. Last week, McDonald’s posted its worst monthly same-store sales decline since 2003, hurt by #sluggish demand in the U.S., as well as a food-safety scare at a supplier in #China. Sales at stores open at least 13 months slumped 3.7 percent in August, the Oak Brook, #Illinois-based company said in a statement. Analysts had estimated a 3.1 percent drop. Stock Slide: McDonald’s stock also has been #underperforming its peers. The shareshave dropped 3.7 percent this year, while the Standard & Poor’s 500 Restaurants Index slid 2.2 percent. #4biddenknowledge and they say Internet bloggers and social media posters have no power. We have a voice and we will be heard. Changing the world 1 post at a time!
Police handcuffed several protesters in New York and Detroit on Thursday as they blocked traffic in the latest attempt to escalate their efforts to get McDonald’s, Burger King and other fast-food companies to pay their employees at least $15 an hour.
The protests, which are planned by labor organizers for about 150 cities nationwide throughout Thursday, are part of the “Fight for $15” campaign. Since the protests began in late 2012, organizers have switched up their tactics every few months. (AP)